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The Gallagher Amendment was an amendment to the Colorado Constitution enacted in 1982 and repealed in 2020 concerning property tax.It set forth the guidelines in the Colorado Constitution for determining the actual value of property and the valuation for assessment of such property. [1]
Increases the minimum wage to $18/hr (currently $16/hr) by 2026, subject to annual increase based on inflation. Nov 5 >50% TBD: Massachusetts: Citizens On ballot Question 5: Increases the minimum wage for tipped employees (currently $6.75/hr) to the state minimum wage of $15/hr by 2029 while continuing to permit tipping. Nov 5 >50% TBD ...
Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hourly wage plus tip income equals at least the minimum wage. Persons under the age of 20 may be paid $4.25 an hour for the first 90 calendar days of employment (sometimes known as a youth, teen, or training wage) unless a higher state ...
The national minimum wage as set by the Fair Labor Standards Act (FLSA), is currently $7.25, but some workers not covered by this law in some states benefit from a higher state-set minimum wage.
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The Colorado income tax rate is a flat 4.55 percent of federal taxable income regardless of income level. Colorado's state sales tax is 2.9 percent on retail sales. [19] Full-year Colorado residents can claim an excess sales tax refund on their individual state income tax return.
State law requires all Colorado drivers to carry a minimum of: $25,000 in bodily injury liability coverage per person $50,000 in bodily injury liability coverage per accident.
The Constitution of the State of Colorado is the foundation of the laws and government of the U.S. state of Colorado.The Colorado State Constitution was drafted on March 14, 1876; approved by Colorado voters on July 1, 1876; and took effect upon the statehood of Colorado on August 1, 1876.